@ Gupta ji Gamble sir always gives you returns prediction in multiples of fixed deposit interest. In this case he predicts the medium term returns would be 1.5 to 2 times (i.e. 10.5 to 14%) if you consider FD interest at 7%.
h g infra gmp slightly up 32- 34 .. application rate 350 - 400 subject to also increase 1200-1250.. in some city its 1350- 1400 apply for listing gain..
80. KING VINOD| Link| Bookmark|
February 26, 2018 12:08:40 PM
IPO Guru (2400+ Posts, 5300+ Likes)
H G Infra Engg Ltd IPO Take a call based on last day numbers
Considering the volatility in Market, the best option is to wait till last day and see the subscription figures. Of course, if you are a genius and have your own analysis/understanding, can take a decision accordingly
Beware before blocking . Don''t be in hurry to lose your hard earned money. Investors lose 700 - 800 in Aster hospital when sensex was 250+ and nifty 80+. wait for NII figures till last day 1 p.m.
Two state-run companies - Bharat Dynamics and Indian Renewable Energy Development Agency (IREDA) - have received Sebi''s go-ahead to float initial public offerings.
Sembcorp Energy India, an independent power producer, filed draft papers with capital markets regulator Sebi to float an initial public offering (IPO). The company, which has thermal and renewable power assets in India, is promoted by the Singapore Exchange-listed Sembcorp Industries. The IPO comprises fresh issue of shares worth up to Rs 4,095 crore and an offer for sale (OFS) of up to 146,774,194 equity scrips by the existing shareholders, draft papers filed with Securities and Exchange Board of India (Sebi) showed.
HG infra revenue & order book is divided as following : Government projects 67.5% Aprivate projects 32.5%
With election year , every gov resource,effort,time & energy occupied in election, most of these gov projects will be delayed potentially causing largermilestones impact on HG Infra. Another reason for muted performance of this company in next 1-2 fiscals.
65. Aniketiaf| Link| Bookmark|
February 24, 2018 9:56:39 AM
IPO Guru (1800+ Posts, 10200+ Likes)
HG Infra Engineering raised Rs 138 cr from anchor investors. All Big Anchor investors like SBI MF, HDFC, HSBC, KOTAK, RELIANCE, UTI, ADITYA BIRLA, L&T MF have actively participated.
65.1. Aniketiaf| Link| Bookmark|
February 24, 2018 10:04:50 AM
IPO Guru (1800+ Posts, 10200+ Likes)
IDFC MF & BIRLA SUNLIFE INSURANCE COMPANY is also there in the list of ANCHOR INVESTORS.